Background

Innovating mortgage technology since 2001, Veros continues to hold a leading role in the mortgage industry's collateral valuation space. Veros has excelled as a premium provider of automated valuation models (AVMs), and as a thought leader in the field of mortgage analytics.

The Future

The company is focused on combining its predictive analytic prowess with its industry expertise to create advanced forms of business intelligence software. These platform solutions enable companies to better predict and control portfolio risk, mortgage fraud, and regulatory compliance all with the streamlined efficiency afforded by industry solution experts.

To see how our valuation solutions and products can impact your business, take a look at our Market Segments page.

Our Story

Veros Real Estate Solutions (Veros) provides essential tools for comprehensive property valuation and risk assessment to mortgage lenders, servicers, rating agencies and the investment community, both private and government-sponsored. Innovating mortgage technology since 2001, Veros continues to hold a leading role in the industry’s collateral valuation space. The company has excelled as a premium provider of automated valuation models (AVMs), as well as residential market forecasts, home price indices, market risk scoring tools and mark-to-market methodologies, among others. These solutions provide clients with the capacity for more proactive portfolio management, increased conversion rates and deeper insights into potentially risky scenarios earlier in the transaction.

Veros is committed to developing products that will help its clients meet the demands of complex industry regulations, as well as quickly and successfully adapt to the evolving mortgage landscape for profitable business results. The company is focused on combining its predictive analytic prowess with its industry expertise to create advanced forms of business intelligence software through software-as-a service and fully integrated solutions. These platform solutions enable companies to better control portfolio risk and regulatory compliance with the streamlined efficiency afforded by industry experts.

Veros has extensive and industry‐proven experience in all areas of large‐scale enterprise data processing, handling data‐intensive processes like data verification, address standardization, transformation and formatting. Working with Fortune 100 providers, such as IBM, Oracle and Microsoft, Veros is committed to both established and emerging information technology standards. This affords complete interoperability with the many loan originators, servicers, valuation providers, agency and non‐agency investors and others with whom Veros is partnered and integrated.

In 2010, Veros’ background in innovation, expertise in technology development and reputation for transparent delivery of mortgage data was recognized when the company was chosen by the government-sponsored enterprises (GSEs), Freddie Mac and Fannie Mae, to build, support and maintain the Uniform Collateral Data Portal® (UCDP®). This joint platform provides electronic appraisal data delivery to the GSEs and has been touted by industry experts as a significant step in establishing true transparency to the mortgage industry. In 2013, the company was selected to build a similar portal on behalf of FHA which will be known as the Electronic Appraisal Delivery (EAD) portal.

Recognized for being a forward-thinking business, Veros was the recipient of Mortgage Technology magazine’s 2010 Synergy Award for its efforts around UCDP and industry-standardization. Mortgage Banking Magazine named Darius Bozorgi, Veros’ president and chief executive officer, a 2011 Technology All-Star for his thought leadership and guidance over the company’s technological innovations. Previously, Bozorgi was named to Real Estate Tech News’ Top 40 under 40 in 2007. The company has also received recognition from Mortgage Technology magazine as a Top 50 Service Provider (2014, 2013 and 2010), a Top 25 Vendor (2006), and a Top 100 Vendor (2004 and 2005), as well as recognition by HousingWire magazine as a Top 100 Technology Provider (2014).

Veros’ excellence can be attributed to its direct and consistent involvement with the heart of the mortgage community. Veros is an active member of the Mortgage Bankers Association (MBA), the Mortgage Industry Standards Maintenance Organization (MISMO), Real Estate Investment Protection Agency (REIPA), The Appraisal Foundation, the Collateral Assessment & Technologies Committee (CATC), as well as other organizations focused on education and industry acceptance of quality valuation data.

Veros is headquartered in Santa Ana, Calif. with additional satellite offices throughout the country.

Read More About Veros

"The Lawyer, the Scientists and the Quest for the Grail" (page 100). Mortgage Banking Magazine, October 2013. Read the article here.